Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.

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Vermilion Energy Inc > TTF

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Comment by mnztron Mar 23, 2022 6:49pm

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Post# 34539666

RE:RE:TTF

Of course the goal is to increase the value if the Ruble, (which it has in the short term) but there is the other fact that the Russian treasury already has hundreds of billions in Euros that it is not being allowed to spend anyway, so why would they accept more Euros or USD? They are selling to India in rupees, China in RBY, fact is China and India have an enormous capability to supply goods to Russia. There are very few things the USA and Europe can supply that cannot be replaced, commercial aircraft is one... FOR NOW.

Moemoney42 wrote: Yup that's the only way he can prop up the currency.. force buyers to have to buy it to transact gas deals.. I'd laugh if it continued to drop after the payments are made.. LOL..

Oldnagger wrote: Making a quick rebound as Putin has stated that future payments for Russian gas must be in Rubles

https://www.barchart.com/futures/quotes/TG*1